G & G DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About G & G DANMARK A/S
G & G DANMARK A/S (CVR number: 15207000) is a company from DRAGØR. The company recorded a gross profit of 4411.5 kDKK in 2023. The operating profit was -1228.9 kDKK, while net earnings were -1009.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.1 %, which can be considered poor and Return on Equity (ROE) was -29.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. G & G DANMARK A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 309.89 | 6 651.57 | 7 456.88 | 6 033.77 | 4 411.51 |
EBIT | 1 395.15 | 874.72 | 1 080.19 | - 454.22 | -1 228.85 |
Net earnings | 1 026.18 | 666.72 | 806.42 | - 384.73 | -1 009.12 |
Shareholders equity total | 2 843.45 | 3 510.17 | 4 316.60 | 3 931.87 | 2 922.75 |
Balance sheet total (assets) | 9 754.14 | 9 643.53 | 12 789.05 | 8 239.82 | 9 766.22 |
Net debt | 1 348.55 | 1 659.20 | -2 608.77 | 1 915.05 | 1 882.54 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.7 % | 9.5 % | 9.8 % | -4.1 % | -13.1 % |
ROE | 44.0 % | 21.0 % | 20.6 % | -9.3 % | -29.4 % |
ROI | 44.0 % | 17.6 % | 17.3 % | -6.9 % | -21.1 % |
Economic value added (EVA) | 981.14 | 525.28 | 706.00 | - 343.98 | -1 159.68 |
Solvency | |||||
Equity ratio | 29.2 % | 36.4 % | 33.8 % | 47.7 % | 29.9 % |
Gearing | 48.1 % | 77.4 % | 49.8 % | 53.8 % | 74.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 1.1 | 1.1 | 0.7 |
Current ratio | 1.3 | 1.5 | 1.5 | 1.8 | 1.4 |
Cash and cash equivalents | 18.11 | 1 058.87 | 4 758.90 | 201.19 | 295.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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